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CMS, working with Denmark's Bech Bruun law firm, has advised ALPLA on its entrance into a joint venture in Denmark with BillerudKorsnas to develop the fully biobased and recyclable paper bottle company ecoXpac. BillerudKorsnas was advised by Accura and Cederquist.

The formation of the joint venture is subject to regulatory approvals such as merger control clearances, and it is expected that the transaction will be completed in the third quarter of 2019.